Author: Mintel Group Ltd.
Last saved by: HTTP server

European Retail Briefing - June 2009

ANALYST’S COMMENT
 CHANGING ALLEGIANCES
Intense competition
Changing of the guard
A more open economy
HEADLINES OF THE MONTH
RETAIL SALES REVIEW
 FRANCE
Figure 1: France: Retail sales trends, 2008-09
Inflation
Figure 2: France: Inflation, 2008-09
 GERMANY
Figure 3: Germany: Retail sales trends, Feb 2008-Feb 2009
Inflation
Figure 4: Germany: Inflation, 2008-09
 ITALY
Figure 5: Italy: Retail sales trends, 2008-09
Inflation
Figure 6: Italy: Inflation, 2008-09
 NETHERLANDS
Figure 7: The Netherlands: Retail sales trends, 2008-09
Inflation
Figure 8: The Netherlands: Inflation, 2008-09
 SPAIN
Figure 9: Spain: Retail sales trends, 2008-09
Inflation
Figure 10: Spain: Inflation, 200809
 UK
Figure 11: Retail sales trends, 2008-09
Inflation
Figure 12: UK: Annual percentage change in Retail Price Index for selected product groups, 2008-09
SECTOR FOCUS: EMERGING MARKETS
Market size and performance
Leading retailers
Figure 13: Leading retailers in emerging markets, 2008
Highly fragmented markets
Consolidation and M&A opportunities
The future
Figure 14: Emerging markets: Forecast 2009 retail sales performance and expected year of recovery
NEWS ANALYSIS
 BAKERS (RETAIL)
UK: Greggs sales up 5% in H1
 CONVENIENCE STORES
Ireland: Musgrave profit slides 20%
UK: Spar International posts "excellent" results
 GROCERS
Belgium: Colruyt to buy Unifrais stake
Belgium: Delhaize to purchase remaining Alfa-Beta stake
France: Carrefour
…to overhaul French hypermarkets
…buys half of Brazilian grocer
France: Intermarché to withdraw Ecomarché fascia
Germany: Rewe
…posts record EBITA for 2008
…to add 20 new Russian stores
Netherlands: Ahold
…appoints new Czech, Slovakia chief
…results marred by US Chapter 11
Netherlands: Schuitema FY sales drop
Russian Federation: Magnit sales rise in April
Russian Federation: X5
…introduces in-store pharmacies, launches electronics pilot
…suffers $82.1m Q1 loss
…prepares bid for Ukrainian retail chain
Slovenia: Mercator gains control of M-Rodic
Spain: Eroski
…posts €97m FY loss
…launches discount campaign
UK: Asda
…sales up 8.4% in Q1
…to expand in Scotland
UK: Morrisons reports strong Q1 sales
UK: Sainsbury's enjoys 11% hike in FY profits
UK: Tesco trials DVD rental kiosks in Ireland
UK: Waitrose bucks downturn with quarterly growth
 OFF-LICENCES
UK: First Quench posts FY loss
 CLOTHING RETAILING
Italy: Benetton records 38% profit drop
Spain: Inditex suffers 15% net profit drop
Sweden: H&M reverses sales decline
UK: Alexon LFLs slump 10.5% in Q1
UK: Aquascutum in sales talks
UK: Bay Trading bought out of administration
UK: Burberry suffers annual loss
UK: French Connection posts sales boost
UK: Moss Bros reports sales fall
UK: New Look posts record FY results
UK: TJX Europe plans huge UK expansion
US: TJX sees Q1 profit jump 8%
 FOOTWEAR RETAILING
UK: Clarks profits increase 16%
 MIXED GOODS RETAILING
UK: Mothercare FY profits soar
UK: Poundland posts annual earnings jump
 MULTI-SECTOR RETAILING
Germany: Arcandor
…to apply for state aid
…aid request rejected by government
…files for bankruptcy protection
Germany: Douglas Holding suffers 17% slump in H1 sales
Germany: Metro calls for Arcandor support rejection
UK: Laura Ashley records sales rise
UK: Marks & Spencer cuts dividend as FY profit drops
 DEPARTMENT STORES
Finland: Stockmann to scrap Hobby Hall division in Baltic countries
UK: Debenhams
…parts ways with Shoe Studios
…posts sales dip, looks to raise £323m
 DIY RETAILING
Germany: Hornbach "cautiously optimistic" after revealing robust FY results
UK: B&Q invests £18m in furniture launch
UK: Kingfisher enjoys 40% profit boost
UK: Topps Tiles profits slump
UK: Wickes owner in £300m rights issue
 ELECTRICALS RETAILING
UK: Best Buy Europe
…posts annual profits fall
… appoints new COO
UK: DSGi sells Hungarian chain for €1
UK: Kesa sees sales drop 7.5%
 HOME SHOPPING
Germany: Otto considers Arcandor purchases
UK: Findel considers rights issue after disappointing year
UK: Ideal Shopping Direct enjoys sales increase
 HEALTH AND BEAUTY RETAILING
Germany: Celesio Q1 earnings dip
UK: Alliance Boots
…posts £13m profit
…names new CEO
 BOOKS AND STATIONERY RETAILING
UK: Borders UK hires restructuring firm
UK: Clinton Cards puts Birthdays into administration
UK: WH Smith posts solid Q3 sales
 SPORTS AND LEISURE GOODS RETAILING
UK: Blacks Leisure suffers annual loss
UK: JD Sports
…acquires Chausport for €8m
…ponders JJB takeover
…posts LFLs boost
UK: JJB sees sales plunge 23%
UK: Sports Direct sells 5% JJB Sports stake to mystery investor
 JEWELLERS
UK: Aurum reports flat Q1 sales
UK: Signet delivers Q1 profit increase
 GARDEN CENTRES
UK: Wyevale Garden Centres appoints new chairman
 MISCELLANEOUS SPECIALIST RETAILING
UK: Halfords
…appoints new chairman
…profits rise 2.4%
 ECONOMIC NEWS
Germany: April retail sales rise
Ireland: Retail sales kept dropping in March
Romania: Retail sales fall in first four months of 2009
Scotland: Retail sales boosted by warm weather in April
UK:
BRC: April retail sales boosted by sunny Easter
BRC: May LFL retail sales drop 0.8%
ONS: April retail sales rise more than expected

This report is supplied in accordance with Mintel's terms and conditions.  
© Mintel Group Ltd.